Which of the following types of interest cost incurred in connection with the purchase or manufacture of inventory should be capitalized as a product cost?
a. Purchase discounts lost
b. Interest incurred during the production of discrete projects such as ships or real estate projects
c. Interest incurred on notes payable to vendors for routine purchases made on a repetitive basis
d. All of these should be capitalized.
Answer: b. Interest incurred during the production of discrete projects such as ships or real estate projects
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Which of the following statements is true about trade promotions?
A) They involve offering price reductions to end-users. B) They aim to build awareness, attraction, and loyalty in end-user. C) They are a part of pull communications strategy. D) They are customer-directed sales promotions. E) They stimulate intermediaries to engage in aggressive customer promotion efforts.
According to the text, one of the biggest challenges in online research is the ability to generate a truly random sample that is representative of the target population
Indicate whether the statement is true or false